NEW DELHI (February 23, 2026) — Cottonseed oil cake futures rose by 1 percent on Monday, driven by increased market participation and a strengthening demand for cattle feed. On the National Commodity and Derivatives Exchange (NCDEX), prices for the March delivery contract settled at 3,335 rupees per quintal, representing a 33 rupee increase from previous levels.
Market Dynamics and Open Interest
The uptick in prices coincided with speculators creating fresh positions in the market. According to data from the NCDEX, the March contract saw an open interest of 55,850 lots. Market analysts stated that the widening of positions by participants was a direct response to a surge in domestic demand, particularly from the livestock sector.
Cattle Feed Demand Drives Gains
Cottonseed oil cake, a vital byproduct of the cotton ginning process, serves as a high-protein ingredient for cattle feed. Market observers noted that the current price appreciation is primarily influenced by the increased requirement for nutrient-dense feed. As noted in market reports, the rise in futures reflects a bullish sentiment among traders who anticipate sustained demand in the coming weeks.
Sources
- National Commodity and Derivatives Exchange (NCDEX) Market Data
- News Agency Feed: “Cottonseed oil cake futures rise on fresh bets” (February 23, 2026)
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